My Size announces pricing of 2.5 million dollar public offering

My Size, Inc., developer of proprietary, smartphone measurement applications, has announced that it has priced a public offering of 3,832,500 shares of its common stock to the public at 65 cents per share. In addition, the investors will receive five-year warrants to purchase an aggregate of 2,874,375 shares of common stock, at an exercise price of around 85 cents per share.

The offering is expected to result in gross proceeds to the Company of 2.5 million dollars, before deducting placement agent fees and other offering expenses. My Size plans to use the proceeds for general corporate purposes.

The offering is expected to close on December 22, subject to the satisfaction of customary closing conditions.

Roth Capital Partners is acting as sole placement agent for the offering.

The securities are being offered pursuant to a registration statement on Form S-1, which was declared effective by the United States Securities and Exchange Commission on December 19.

My Size has become one of the most forward thinking technologies in fashion. The company's measurement technology based on sophisticated algorithms and cutting edge technology with broad applications including the apparel, e-commerce DIY, shipping and parcel delivery industries. This proprietary technology is driven by several patent-pending algorithms which are able to calculate and record measurements in a variety of novel ways.